It is called equity equivalents, this is where you don’t give away equity but basically still pay as if you are, hence I admit royalties are maybe not the right word but for my it is similar. Unlike other international tech companies like Google or Microsoft in our country that pays equity equivalents, the telecommunications requirements are equity or slice of your business.
You cannot just say this is a ROCK! What type of rock, is it igneous, sedimentary or metamorphic rock, then what rock is it, is it granite or norite. And what is the damn mineralogy, are there any feldspars or over identifiers